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Just seeking for second opinion on this Tax situation: I am a fulltime Investor and I according to the IRS Sec 469c I qualify for the "Active" status, BUT my wife has a fulltime job with, w2 salary. We own an S Corp ...
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Hey BP,
I am looking to purchase a mobile home park on well and septic utilities in Florida.
My question is who would be the right person to contact in order to find out how far the public water supply is from the p...
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I've found what I think are great deals, but I'm not confident in my comps. Trulia and Zillow are not giving me a consistent number. What tools do you all use? How can I get an accurate number for the ARV?
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Looking to structure a deal between myself and my dad. It would be a duplex investor purchase with 20% down. 10 % from me and 10 % from him. We agreed that since I would manage everything and take 10% off the top o...
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Hi Everyone,
I am graduating college this May, and am looking to buy a 3 or 4 unit property as an owner occupancy- does anyone know if you can set up a home office and deduct the sq. footage as an expense, even if yo...
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I am a Realtor located in Cincinnati and I am trying to understand if there is a general formula to determine the percentage of the total budget that should be designated for land for a new residential construction pr...
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I've possibly got an opportunity. Thanks to @Seth Williams strategy of mailing delinquent tax owners I got a call from a somewhat motivated seller. He owes around 7k in taxes from years past and I believe will have th...
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This property is located in a relatively nice Cinci burb. It is REO bank owned foreclosure, no short sale. Listed with a realtor at $157,000. Currently vacant (i've yet to figure out why banks vacate all the tenants i...
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Hello, This is a little bit of information on my self and what I am looking to do. My experience in Real Estate is above average for a normal person, but not at an investor level that I have always dreamed of acquirin...
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Hi folks,
I'm about to sell my home that I bought in 2009. It was originally a 3/1.5 raised ranch. In the finished lower level (all above ground) I added a bedroom and turned what was a crappy half bath in to a luxu...